Current Price: $0.29376 (-2.15%)
HBAR is trading near a key inflection point, signaling a potential major move. The support at $0.2850 is holding firm, maintaining the bullish trend, while resistance at $0.3000 remains a key barrier for buyers to overcome.
๐ Key Levels to Watch
Support: $0.2850 โ Holding this level is crucial to prevent a drop toward $0.2750.
Resistance: $0.3000 โ A successful breakout above this level could drive HBAR toward the $0.3100โ$0.3200 range.
๐ Trading Strategy
Bullish Scenario: A breakout above $0.3000 with strong volume could trigger upward momentum, with potential targets at $0.3100 and $0.3200.
Bearish Scenario: If HBAR fails to hold $0.2850, it may test lower support at $0.2750.
๐ Technical Indicators
RSI: Near neutral, indicating a balanced market.
Volume: A rise in volume near resistance could signal an imminent breakout.
โ ๏ธ Market Outlook
HBAR is at a critical point. A move above $0.3000 could confirm bullish continuation, while a breakdown below $0.2850 might lead to further downside pressure. Traders should stay alert for signs of the next big move. ๐